PhronimosJan 174 minBeing Idle With ConfidenceIn very simple terms our goal at Phronimos is to acquire shares in either 1) outstanding businesses at a reasonable price, or 2) in reasonable businesses at ...
PhronimosNov 15, 20195 minMighty MouseThe Disney + streaming service achieved 10m subs within just days of launch, far exceeding the expectations of analysts. Disney had targeted between 60 and 9...
PhronimosSep 13, 20194 minThe Era of Passive Investing Begins The US stock market just crossed a major threshold. For the first time in history the assets in passive mutual funds and exchange-traded funds (‘ETFs’) inves...
PhronimosJul 30, 20197 minPresents for the Grandkids, Christmas 2050: an ExplanationSome notes so that their parents can try and explain what the heck Grandpa was thinking... If I told you there was a bank that was trading for 4 times earnin...
PhronimosJul 2, 20197 minThe Inflation Tapeworm and Through the Looking GlassInterest rates are at historic lows across most of the developed world. Even the US Fed Funds rate of 2.25% - 2.50% is remarkably low given a decade of econo...
PhronimosJun 13, 201922 minBayer beware: what are we missing?Bayer's share price has been monkey-hammered from a high of EUR 116 two years ago to EUR 53. Depending on the size of the ultimate RoundUp litigation settle...
